King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd > KRR Trades

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Post by MVargason May 01, 2024 12:46pm

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Post# 36017646

KRR Trades

A bit of a head scratcher that KRR can be down over 2% today when gold is up $18 (as I write this), with most other gold stocks are also up and KRR already trading lower than the equivalent WGX price.

WGX closed at $2.15 last night which, excluding any value for SpinCo, is equivalent to a KRR share price of $5.45 and with gold up today, WGX will surely trade higher tonight. Yet KRR is being sold for under $5.25 here today.

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